What is Development Finance?
Development finance is needed for construction and development projects big and small. This type of finance allows for capital to be made available as the project develops. This is possible as its value increases, so funding can continue while the construction or restoration work is being done. Interest is only charged on money received so we can manage the finance costs by releasing it in stages. The amount of capital raised for a development loan is based on the value of the security.
A little bit more…
Development loans can be used to fund the purchase of land alone or to purchase a property that needs development. The finance can be used to cover the construction or restoration costs and it can be used to fund many different projects, either on a small scale or a much larger scale. It can be used to fund the renovation of derelict houses or build a new house, to purchase one retail unit for example public houses, hotels, care homes or office blocks, or it can be used to fund a whole retail park.
How we can help you…
Once a project is finished it should be sold or refinanced using a more pertmanent long term finance facility. Development loans are only a short term method of securing finance for your project, and they would prove very expensive over a longer term.
Boudicca Financial Solutions are experts across the whole Commercial Finance sector and as such look to obtain the most suitable Development Finance facility for you as well as look at your exit strategy as a whole.
Investing in Mutual Funds
Because they are professionally managed and offer diversification with generally a small initial investment, mutual funds can be suitable for most investors.
Your Financial Advisor has the tools to help you choose the right fund or basket of funds to meet your unique goals. Work closely with your Financial Advisor to develop a mutual fund portfolio that’s suitable for your specific situation.
You should carefully consider the investment objectives, risks, charges, and expenses of a mutual fund company before investing in one or more of its mutual funds.
